Multi-Site Senior Living

Ziegler Advises Island Paradise Investments on $52,000,000 Bridge Loan

Ziegler announces its role as exclusive financial advisor in a bridge loan placement totaling $52,000,000 on behalf of Island Paradise Investments dba Kalakaua Gardens, a 208-bed/164-unit continuing care retirement community located in Honolulu, Hawaii, to refinance the existing debt.

Z-News | Senior Living Finance: Wishing You a Safe and Happy Holiday Season!

The team at Ziegler wishes you a joyous holiday season. Thank you for your hard work and dedication this past year. Best wishes for a healthy and happy new year.

Ziegler Prices $40,160,000 Financing for Ohio Living

Ziegler announces the successful pricing of Ohio Living’s Series 2022 Bonds. Headquartered in Columbus, Ohio Living owns and operates 12 senior living communities located throughout Ohio. Bond proceeds will primarily be used to refinance outstanding debt.

Ziegler Closes $24,485,000 Financing for Otterbein Homes

Ziegler announces the successful closing of Otterbein Homes Obligated Group’s Series 2021B Bonds. Located throughout Ohio and south-central Indiana, the Obligated Group is comprised of nine SeniorLife Communities and nine Neighborhoods. Proceeds from the bonds will be used to refinance outstanding debt and pay the costs of acquiring Kendal at Granville.

Ziegler Closes $126,635,000 Remarketing of Variable Rate Demand Bonds for Concordia Lutheran Ministries

Ziegler is pleased to announce the successful remarking of Concordia Lutheran Ministries’ Series 2004A, Series 2008A, Series 2012A, Series 2013A, Series 2013B, Series 2016A, Series 2018A, and Series 2018B Variable Rate Demand Bonds.

Ziegler Closes $130,815,000 Financing for the United Methodist Retirement Homes

Ziegler announces the closing of the United Methodist Retirement Homes (UMRH) $130,815,000 Series 2021A and 2021B Bonds. Operating three communities in NC, the public fixed-rate and direct bank-held bonds will finance an expansion project at UMRH’s Croasdaile Village campus as well as refund outstanding debt.

2021 Senior Living Finance + Strategy Terminology

A glossary of senior living finance terms

Ziegler Serves as Sole Advisor on South Pointe Assisted Living Sale

Ziegler served as exclusive sell-side advisor in the sale of South Pointe Assisted Living, a 42-unit independent living and assisted living community in Everett, Washington. The Community was owned by Radiant Senior Living, a west-coast based family-owner and operator of senior care communities.

Ziegler Closes $116,100,000 Financing for Methodist Retirement Communities

Ziegler announces the closing of Methodist Retirement Communities’ $116,100,000 Series 2021 Bonds. Headquartered in The Woodlands, north of Houston, MRC owns and operates 13 senior living communities throughout Texas. Proceeds will primarily be used to refinance the existing indebtedness of two MRC communities, The Crossings and Crestview.

Ziegler Closes $16,645,000 Financing for Oak Hammock at the University of Florida, Inc.

Ziegler announces the closing of the $16,645,000 Series 2021 Bonds for Oak Hammock at the University of Florida, Inc. The Series 2021 Bonds will be followed by the $39,000,000 Series 2022 Bonds slated for forward delivery on July 6, 2022. Bond proceeds will primarily be used to refinance outstanding debe and fund capital expenditures.